All Forum Posts by: Bugsy Sigel

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $185
Cash invested: $85,000

great investment property. luckily got an off market deal. anticipate $2500 cash flow monthly.

I would pick B. David Greene explained it brilliantly on Sunday's Seeing Green BP Podcast Episode where he said that cashflow prevents us from losing a property and appreciation builds wealth. 

 Hi Bugsy,

I personally recommend the major cities in Ohio:

-Columbus, great for appreciation, pp is a bit higher around $220k for multifamily

-Cincinnati, has a mix of cash flow and appreciation, average multifamily around $180k

-Cleveland, has alot of cashflow potential, average multifam around $140k

There are other smaller markets like Dayton, Akron, and Toledo, however there is not alot of economic drivers to those areas.

Looking for cashflow? Look into Cleveland, its got good cashflow potential with appreciation happening as well.

Looking for appreciation come to Columbus, there are still 1% deals, but the more attractive part is the population growth and other economic drivers!

Always happy to help or talk more if you are interested. For that area I would look at the rents and see if the numbers line up.